In New Delhi, Putin proposed that BRICS create a common grain market
In New Delhi, Russian President Vladimir Putin, the leader of the aggressor state, on September 13 proposed that BRICS countries create a common grain market and a new insurance mechanism. He also called on the grouping to take a comprehensive approach to countering global challenges.
Economic proposals
Putin presented these initiatives as ones intended to promote the economic growth of BRICS states and countries of the Global South. The Russian president also supported the creation of a separate platform for economic development within BRICS.
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According to him, BRICS' international authority is growing because the grouping focuses on shaping an independent course. This was reported by The Hindu International.
Sanctions against Moscow
The proposals came amid sanctions imposed by Western countries against Moscow over Russia's war against Ukraine. The article notes that Putin promoted new economic initiatives for BRICS states and countries of the Global South.
